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How Does a Bookie Set Odds?
To be the best pay per head bookie, you need to know how to set odds properly. Most sportsbooks operate by betting to a specific margin on various sporting events. For instance, most bookies price up to 107 percent on Premier League matches. However, they only do this when all variables are known. When it […]
What is Bookie Bonus and Free Bet?
In order to attract players, sportsbooks usually offer bookie bonus and free bets. As a bookie, it is important that you know the different types of bonuses you can offer your client base. Also, it is important to know the conditions and restrictions on free bets and bonuses. Creating a bookie bonus can be overwhelming […]
Pay Per Head Bookie News: Tiger Wins, Sportsbooks Lose
Tiger Woods won his fifth green jacket Sunday. It was a feel-good story for the golfer and his fans. However, there are some who can’t be happy for Woods’ career comeback. In fact, sportsbooks lose a lot of money on The Masters. William Hill in Las Vegas had to pay out around $1.2 million to […]
Pay Per Head Bookie News: PA Sports Betting Tax Revenue Down
According to recent gambling news headlines, four out of six states fell short of their tax revenue estimates from sports wagering. However, there remains a bright spot in the industry. Although PA sports betting tax revenue is down, it can still achieve its overall revenue projections. Among the states with legal sports betting, Rhode Island […]
Bookie Laws Best Left to States
If it is up to former New Jersey Governor Chris Christie, states will be able to create their own sports betting and bookie laws. The governor played a vital role in overturning the PASPA. In fact, he is fighting for state-by-state control of legal sports betting. Christie said that the DOJ’s new opinion on the […]
Sports Betting Software and Taxes on March Madness Winnings
It is March Madness once again and you are probably placing bets on some or all the games. However, most people don’t know that they need to pay taxes on March Madness winnings or for all their gambling activities for that matter. As gambling becomes legal across the nation, people should consider the taxes they […]
Mohegan Sun Pocono to Offer Bookie Services
March Madness is just around the corner but sports fans should not expect to find a bookie in Mohegan Sun Pocono. Although the casino announced it will offer sports betting in the future, its officials still don’t know when they will have a sportsbook in Pennsylvania. Mohegan Sun Pocono CEO and President Anthony Carlucci told […]
Second New Mexico Sportsbook Opens in Santa Fe
Less than six months after the opening of a bookie at a resort near Albuquerque, a second New Mexico sportsbook launched in Santa Fe. Players can now place their bets at the Hilton Buffalo Thunder Resort and Casino. It is the biggest casino in Northern New Mexico. Although the state hasn’t legalized sports betting, it […]
Pay Per Head News: Major Sports Markets Has No Legal Sports Betting Bills
Texas, California, and Florida are three major sports markets in the US. However, there is little to no move by their lawmakers to legalize sports betting. As a result, pay per head operators can’t offer their services in the three largest states. The states are home to several top pro teams in major sporting leagues. In addition, […]
Pay Per Head News: DraftKings Mobile Gambling App in Development
According to gambling news reports, DraftKings is developing a standalone mobile gambling app for New Jersey residents. Also, rumors stated the gaming firm will release the DraftKings mobile gambling app in the next couple of months. Since it entered the US market, DraftKings has always been ahead of FanDuel. In fact, they both started as […]
